Tidemark Federal Credit Union, a $261 million institution based in Seaford, Del., announced that it paid out a patronage dividend of more than $139,000 to some of its members.

Members who used multiple services — such as checking, loans, and investments — found an extra $100 in their checking account on Feb. 14, the credit union said.

Pamela Fleuette, Tidemark FCU
Pamela Fleuette, Tidemark FCU CEO

“Our members cooperatively own this credit union and each of these member-owners is a shareholder,” CEO Pamela Fleuette said. “After paying all operational costs, TFCU reinvests in its member-owners by offering additional products and services; expanding locations or maybe the hours; and now through returning a patronage dividend.”

Tidemark FCU posted net income of about $2.8 million in 2017, slightly down from about $2.9 million in 2016.

The credit union reported total loans and leases of about $150.7 million in 2017, up from about $137.8 million in the prior year.

Along with Tidemark, North Carolina-based Coastal CU also paid out a dividend to members on Valentine's Day.

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